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Jay Denton on Phoenix Job Creation, Salary Growth, Multifamily Performance,...
Jay Denton is the Chief Economist at Radix, where he analyzes market conditions, forecasts housing and economic trends, and provides industry insight to dealmakers and experts. Jay will speak on the...
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Google Pursuing Phase II of $1B Mesa Datacenter Complex
Google is following through on its original plans to build a $1 billion data center complex in Mesa. Plans go back as far as 2019. The first phase, approximately 250,000 square feet, started...
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Phoenix Suns Move Into New $100M HQ
The Phoenix Suns officially opened the team’s new office headquarters in downtown Phoenix. The offices are located just a few blocks away from Footprint Center in the Lincoln Union building, a...
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Peoria Retail Center Flips for $11M
Western Retail Advisors completed the $11.1 million sale of 83 Marketplace. Cavan Companies developed the newly built Class A retail center that spans three buildings at the corner of 83rd Avenue and...
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Huge Solar Farm Planned for W. Phoenix
Copia Power is constructing a $1.2 billion solar project on 14,000 acres west of Phoenix. Funding was secured with the help of Crédit Agricole CIB, BNP Paribas, Natixis CIB, and SMBC. Copia is backed...
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Whitestone REIT Picks Another Phoenix-Area Shopping Center
Whitestone REIT acquired Scottsdale Commons in Scottsdale for $22.2 million. The 69,000 square foot center, located at 7119 E. Shea Blvd., is 96.6% occupied with 20 tenants including Rosati’s Chicago...
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Duo Building Dual-Branded Phoenix Hotel
Jackson-Shaw and Holualoa Companies say they are starting work next month on a dual-branded hotel in North Phoenix. The AC Hotel by Marriott North Phoenix at Norterra and Element by Westin North...
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JV Makes Scottsdale MOB Purchase with $300M Fund
Cypress West And TPG Angelo Gordon have joined forces to acquire medical office assets in the Sunbelt. CBRE Investment Banking arranged the joint venture, which can acquire up to $300 million in...
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Glendale Rental Property Trades for $266K/Unit
Decron Properties has acquired Hangar at Thunderbird (Hangar), a 266-unit gated multifamily community located in Glendale, AZ for $69 million. That comes out to $260,000 a unit. The acquisition was...
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BTR Trends Hot Topic at Connect CRE’s Phoenix Multifamily & BTR Conference
A panel made up of Greystar’s Nicole Churchill, CCBG Architecture’s Virgina Senior and Brent Long from Christopher Todd Communities discussed the build-to-rent (BTR) sector and what we might see in...
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